The $8000 First Time Homebuyer Tax Credit has been Extended. The definition of a first time buyer is someone who has not owned a principle residence for the last 3 years. You must have a signed Agreement of Sale by April 30, 2010 and settle by June 30th, 2010.
A $6500 credit is now available for Move-Up buyers. A Move-Up buyer is defined as someone who has lived in the same principle residence for 5 consecutive years in the last 8 years.
If you have questions about how you can take advantage of this fantastic opportunity, we would love to help! Maybe the timing is right for you, and maybe it isn’t – regardless, let’s chat! You can call directly at 610-692-6823 or 610-692-2228 and ask for Kim/Tom/John/Sandy or email us.
